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Friday, January 2, 2015

Bubblews Having Problems

It’s been about a year since I started writing on
Bubblews.com. The site had some
interesting possibilities, and the freedom in posting caught my attention more
than anything else. Since the site
billed itself as a social network that paid, the appeal increased even
more. Of course, a lot can change in a
year and it looks it finally has.

First and foremost, Bubblews is not a scam. The site has paid me several times, and while
I did not get rich I pulled in enough cash to keep me using the platform. However, things have changed. Still it’s best to start at the beginning.

Bubblews requires users to post articles (call them updates
or whatever you want) of at least 400 characters. Like other sites, other users can like the
posts and comment on the posts, and even share them via social media like Twitter,
Facebook, and more. The site then splits
the advertising revenue with the person who posted the article. Sounds simple right? Well, it is, as long as the ads are producing
revenue.

The site ran into some problems with fraud. I know it’s hard to imagine a site that is
trying to do something good being taken advantage of by users (read: sarcasm),
but it happened. Anyway, the staff did
what anyone would do, they put regulations regarding cash outs, tried to police
the fraud, and made a few other changes.

Once those changes were made there was still the problem of
revenue. The basic rule of business
applies: If the site isn’t making money,
then the users won’t be making money.
That meant a change is how earnings were calculated, which meant unhappy
users, which is leading to a migration from the site. Who wants to post ten things a day (the
maximum allowed) and earn less than a dollar?
A dime a post for 400 letters is low but not really unreasonable. The point is if the site was making a lot
more money the revenue shared would be higher.

With no respect from search engines, Bubblews is stuck with
an in-house type of business model where the users are the ones creating the
traffic. Sure some Twitter shares and
Facebook shares (which FB has started to eliminate) get some love, but there
are no massive spikes to traffic levels.
That means limited traffic and limited opportunities.

Basically, Bubblews had existed in an unsustainable business
model. You can’t pay out more than you
take in, because you would go out of business—quickly. So the site had to risk alienating users in
order to stay in business, it’s as simple as that. Revenues are down, so earnings are down.

No one is being forced to use the platform, that’s what
makes things so special. I like the
concept behind paid social media since users are creating the content for the site. Why shouldn’t they share in the revenue? However, without an effective tracking
algorithm or an effective way to monitor fraud there were bound to be bumps in
the road, and hopefully Bubblews stays solvent.
It’s not a major earner, but it’s a lot of fun.

2 comments:

they eliminate so much money and forbades people for several countries and the founder use childish manipulative speeches since they dont pay anybody why stay and work for free!!!! even some morons defend him and said good things about a guy who dont pay your hard earned money